TheBearTrader1

EURGBP- Possible Longs at this level, 11% potential.

Long
OANDA:EURGBP   Euro / British Pound
We have entered a really nice level of interest here which I stated could look like a nice long on Monday, we are now at the 38.2 fib level, strong structure level and the 50EMA all have to break for support to be broken. However because of how impulsive the previous candlestick is I am waiting for this 4h close first, if we get a doji candlestick of some sort, I will enter this trade with an 11:1 RR
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